How To Register on Kraken?

2023.04.13

Kraken is a popular cryptocurrency exchange that offers a wide range of trading options for both beginners and experienced traders. If you’re new to Kraken, you’ll need to go through a registration process to create an account. Here’s a step-by-step guide on how to register on Kraken.

Step 1: Go to Kraken’s Website

The first step is to visit Kraken’s website at www.kraken.com. Once you’re on the homepage, click on the “Create Account” button located at the top right-hand corner of the screen.

Step 2: Fill in Your Personal Information

Kraken will require you to provide some personal information to create your account. You’ll need to enter your name, email address, and create a strong password. It’s important to use a strong password to secure your account.

Step 3: Verify Your Email

After you’ve entered your personal information, Kraken will send you an email to verify your account. Open the email and click on the verification link provided. This will confirm your account and allow you to proceed with the registration process.

Step 4: Complete Your Profile

Next, you’ll need to complete your profile by providing additional information. This includes your date of birth, address, and phone number. You’ll also need to select your preferred currency and set up two-factor authentication to secure your account.

Step 5: Verify Your Identity

To comply with anti-money laundering (AML) regulations, Kraken will require you to verify your identity. This involves providing a government-issued ID, such as a passport or driver’s license. You’ll also need to take a selfie holding your ID and a note with the current date and “Kraken” written on it.

Step 6: Deposit Funds

Once your account is verified, you can deposit funds to start trading. Kraken supports a variety of deposit methods, including bank transfers, debit cards, and cryptocurrencies. Choose your preferred method and follow the instructions to deposit funds to your account.

Step 7: Start Trading

With your account fully set up and funds deposited, you’re ready to start trading on Kraken. The exchange offers a range of trading options, including spot trading, margin trading, and futures trading. Choose the trading option that suits your investment strategy and start buying and selling cryptocurrencies.

In conclusion, registering on Kraken is a straightforward process that involves providing personal information, verifying your identity, and depositing funds. By following this step-by-step guide, you’ll be able to create a Kraken account and start trading cryptocurrencies in no time.